These were some of the leading exports of the country in February, a month that posted lower imports of grain, vegetable oils and sugar compared to a year earlier. Surplus was posted at USD 281.3 million.
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Tunisia’s food trade balance recorded a surplus in January, following a deficit in 2023. Rise in the price of olive oil exports drove the result.
Sales from Brazil set a new record high in 2023, and trade with Middle East and North Africa states expanded. Egypt and the UAE are some of the leading partners of Brazil.
Exports surpassed imports by USD 8.67 billion in 2023. Last year saw shipments to Arab countries increase by 9.2% and imports decrease by 28.9%. The main Brazilian export was sugar, and the leading Arab import was oil.
Exports expanded both in revenue and volume, industry lobby ABPA reported. ABPA president Ricardo Santin believes this results from international promotion actions. Saudi Arabia is the top exporter.
According to Brazil’s Ministry of Agriculture and Livestock, revenue from exports reached USD 166.5 billion in 2023, up 4.8% from 2022. Sector was responsible for 49% of Brazilian exports.
Results released by the vehicle manufacturers association revealed a 16% decrease in foreign sales of light commercial vehicles, buses, and trucks.
There was a 10.8% drop in revenue and a 16.6% decrease in volume from 2022, according to sector association data. In December, Libya imported USD 730,000.
According to the sector lobby, sales to both countries grew from the same month in 2022. Brazil’s poultry exports increased by 6.6% in 2023.
According to data released by the Ministry of Development, Industry, Commerce and Services, exports exceeded imports by USD 98.8 billion.
This year, shipments abroad are expected to record a 6.8% expansion over 2022, according to ABPA data through November. Iraq became Brazil’s 10th main importer this year. The UAE was the 2nd leading buyer, and Saudi Arabia the 4th.
Decision from Cairo to open fish and seafood market brings new business opportunities for the industry due to the local demand. The Arab country could reexport them to its African and Middle Eastern partners.
Data released by the National Institute of Statistics revealed a 5.28 billion deficit year to date through November. The result represents a drop compared to the last year’s numbers.
Total shipments were higher this year compared to 2022. According to the sector lobby, the most significant increases in purchases were from China, Saudi Arabia, South Africa, South Korea, and Mexico.
